Stellar (XLM) Rebounds with 8% Surge Amid Rising Volume and Open Interest

24.11.2025 10:53 7 sources neutral

Stellar (XLM) has demonstrated a notable recovery in the cryptocurrency market, with its price surging over 8% in the last 24 hours. According to CoinMarketCap data, XLM climbed from a low of $0.2357 to an intraday peak of $0.2534, though it later corrected to around $0.2460 due to market volatility. This uptick helped reverse a negative seven-day trend, supported by a 41.45% spike in trading volume to $235.86 million, indicating renewed investor interest.

Technical indicators suggest potential for further gains, with the Relative Strength Index (RSI) at 39.08 signaling an oversold recovery. Traders are eyeing a stabilization between $0.25 and $0.26, which could pave the way for a push toward $0.30. Additionally, open interest data shows a rise to 64 million contracts as of November 21, reflecting new long positions and cautious optimism for a sustained rebound.

Behind the price movement, Stellar's ecosystem shows robust growth. Denelle Dixon, CEO of the Stellar Development Foundation, reported a 700% quarterly increase in smart contract requests in Q3 2025 and a $5.4 billion expansion in real-world asset volume. Historical data from September 2025 revealed about 400 million XLM locked in DeFi applications, highlighting growing adoption. While Stellar is not ISO 20022 certified, its infrastructure aligns with cross-border transaction needs, positioning it as a bridge between crypto and traditional finance amidst the SWIFT migration completion.